Jersey City’s financial services scene keeps buzzing, with big industry names always on the hunt for standout talent. State Street, known for asset management and custody services worldwide, is searching for a Broker/Dealer Margin Manager, Vice President for its Global Markets division.
This role is based in Jersey City and comes with a salary range of $130,000 to $205,000 a year. It’s a blend of hands-on operational work, strategic thinking, and leadership—all wrapped up in one high-profile job.
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Honestly, it’s a solid sign of how Jersey City is becoming a real magnet for financial operations and fresh ideas.
What the Role Entails
The new Vice President will manage margin operations for equity and fixed-income products. You’ll make sure every step is efficient, accurate, and fully compliant.
Your days will run the gamut from calculating daily margin calls to sorting out collateral and fixing trade hiccups. Leading a team focused on getting things right is a big part of the job.
But that’s not all. You’ll work closely with Trading, Credit, Legal, and Compliance teams.
This tight-knit collaboration helps drive automation and sharpen workflows. It’s a chance to shape how State Street’s Global Markets division operates.
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Qualifications and Expertise
State Street wants someone with at least five years in the securities world, especially if you’ve handled complex equity and fixed-income operations. A bachelor’s degree is preferred, and having FINRA licenses like Series 99, 24, or 27 is a big plus.
You’ll need a few key skills:
- Strong analytical skills for managing risk and nailing margin calculations.
- Problem-solving chops to fix issues and make systems better.
- Leadership to guide your team and keep everyone on track.
- Great communication for working smoothly across departments.
Strategic Impact and Career Benefits
This job isn’t just about daily tasks. You’ll help shape future strategies and drive risk control efforts.
State Street really pushes for innovation, so you’ll get to influence automation projects and make a mark on global operations.
On top of that, the company values diversity, inclusion, and work-life balance. Flexible programs, chances to grow professionally, and solid benefits make it a strong pick for finance pros who want to move up.
State Street’s Place in the Financial World
State Street has led the way in asset management, custody services, and operational innovation for decades. Their Jersey City office shows how the city’s reputation is rising as a hub for complex, high-stakes financial work.
Economic Opportunities in Jersey City
Jersey City has really stepped up as an economic force in the tri-state area. Big players like State Street boost its profile, drawing in skilled professionals looking for both opportunity and a lively lifestyle.
If you’re thinking about moving, you’ll find plenty of Jersey City hotels for a short stay while you check out where to stay in Jersey City long-term. The city’s different city districts range from waterfront luxury spots to artsy neighborhoods—there’s something for just about everyone.
Living and Working in Jersey City
Balancing career and leisure here? Absolutely doable. From cultural events to first-class dining, there are so many things to do in Jersey City after work.
Getting here is a breeze. Whether you take PATH trains, hop on a ferry, or drive in on the highways, getting to Jersey City feels pretty seamless thanks to the solid infrastructure.
State Street’s Broker/Dealer Margin Manager position really shows how the city’s becoming a serious player in global finance. If you’re aiming for a leadership role in a high-stakes environment, Jersey City’s got both career opportunities and a great quality of life.
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